Released on: January 24, 2008, 6:06 am

Press Release Author: Allan Majotra

Industry: Internet & Online

Press Release Summary: February marks an increase in prices for many international
design manufacturers leading to an unexpected surge in sales in January 2008

Press Release Body: 23 January 2008, Madrid, Miami

In spite of the markets´ recent roller-coaster ride, January has shown an increase
in sales for art and design at PicassoMio.com. While art is often acquired for
investment early in the year, the recent sales for design seem to indicate that
shoppers are becoming savvier than ever before. For when else to finally acquire
that beloved piece of design than just before the annual price change?

"Particularly one Dutch manufacturer, whose collection includes works from designers
Marcel Wanders and Bertjan Pot, has garnered much attention in the past two weeks,"
muses Allan Majotra, co-founder of PicassoMio.com. "Our clients are aware of the
aesthetic and financial value of contemporary art. We've been pleased to note that
this awareness extends to contemporary design."

And while clients around the world are eager to make the most of the last remaining
seven days, Allan Majotra is quick to comfort those who choose to wait. "Not all
designers and manufacturers have chosen to change prices in 2008. Ultimately, the
best deal you can make is purchasing works of art and design you love."


At PicassoMio.com, one can also find curated, one-of-a-kind or limited-edition
works, including paintings, graphic prints, photographs and sculptures, by modern
masters, such as Matisse, Chagall and Miro; contemporary masters, such as Hirst,
Hockney and Wegman, and hundreds of extraordinary emerging artists. The current
online-catalog includes more than 50,000 different artworks valued at $200 million,
with prices ranging from $100 to $100,000. In 2007, PicassoMio opened PicassoMio
Design, featuring design, furniture and jewellery to become the one-stop gallery for
the complete range of curated high-end arts.
For more information, please contact margaret@picassomio.com or ana@picassomio.com
or visit the website at www.picassomio.com.

About PicassoMio.com/PicassoMio Galleries

With a presence in Europe and the U.S., PicassoMio.com / PicassoMio Galleries is an
art company that operates the leading online gallery. In operation since 2000,
PicassoMio.com has sold contemporary art by over 4,000 artists to clients in over 50
countries. The gallery's sales are growing at a rate of over 50% per year.

At PicassoMio.com, one can find curated, one-of-a-kind or limited-edition works,
including paintings, graphic prints, photographs and sculptures, by modern masters,
such as Matisse, Chagall and Miro; contemporary masters, such as Hirst, Hockney and
Wegman, and hundreds of extraordinary emerging artists. Their current catalog online
includes more than 50,000 different artworks valued at $200 million, with prices
ranging from $100 to $100,000.

Every month PicassoMio.com receives approximately 1 million visitors and serves over
a hundred clients. The average order size is approximately $1,500. Clients include
private parties, businesses and trade companies, including interior designers and
galleries and dealers. Customers are served by art consultants, all of whom have
significant art business and art history experience.

The website's powerful art search engine allows buyers to find the artwork of their
choice by selecting from medium, style, theme, colour, price, etc. All clients are
also assured of a 7-day, no-questions-asked return policy. The company contributes
5% of its gross profits, in cash or kind, back to the art world.

In 2005, El País called PicassoMio Gallery "the world's biggest gallery",
Emprendedores magazine selected PicassoMio.com as one of the "100 Best Companies",
the Wall Street Journal's Smart Money magazine selected PicassoMio.com as the only
recommended art website, and Financial Times called PicassoMio.com the "Amazon.com"
of the contemporary art scene.

In 2007, PicassoMio Europe was ranked as one of the Top 50 companies by the European
Tech Tour. In 2004, the company was nominated as a finalist for FAST50, organized
by Fast Company magazine, and was selected for the Gate-2-Growth forum, sponsored by
the European Commission. In 2001, PicassoMio Europe was nominated as a finalist in
the pan-European "Milestones" Business Awards. PicassoMio has also been recommended
by the New York Times, Architectural Digest, Real Simple magazine and ArtsWorld TV,
amongst others.

PicassoMio was founded by Allan Majotra and Nicholas Marchalleck and has offices and
galleries in Miami and Madrid.





Web Site: http://www.picassomio.com

Contact Details: http://www.picassomio.com/
PicassoMio Madrid
Calle Lagasca, 11 1ºB
28001-Madrid
España

PicassoMio.com Americas
233 S. Federal Highway, Suite 303,
Boca Raton, Florida 33432
USA
Tel: 1(877) 212-5879